Richard bay coal bounces back from key level

MG News | June 13, 2023 at 02:50 PM GMT+05:00

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June 13, 2023 (MLN): Richard bay coal rebounded from a historical level and finally got some relief after sinking to levels not seen since 2021.

Richard bay coal contract for the month of June 2023 (LVM23) currently stands at $105.45, up 5.24% in this month.

Meanwhile in FYTD, Richard bay coal is down 42.38%, and by a massive 77.08% from the peak which was in March 2022.

Richard bay coal Monthly is a futures contract that is based on the price of coal loaded at the Richards Bay Coal Terminal in South Africa.

It is traded on the ICE/EU exchange and has a contract size of 1,000 metric tonnes.

Richard bay coal Daily Time-frame:

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Symbol	Bid/Ask	High/Low

Name	Last	High/Low	Chg/%Chg
BITCOIN FUTURES	60,685.00	61,150.00 60,600.00	850.00 1.42%
BRENT CRUDE	72.86	73.51 72.85	-0.88 -1.19%
RICHARDS BAY COAL MONTHLY	115.00	0.00 0.00	0.50 0.44%
ROTTERDAM COAL MONTHLY	126.50	126.50 125.90	0.50 0.40%
USD RBD PALM OLEIN	1,157.50	1,157.50 1,157.50	0.00 0.00%
CRUDE OIL - WTI	69.56	70.21 69.54	-0.78 -1.11%
SUGAR #11 WORLD	14.01	14.09 13.81	0.06 0.43%